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Spandana Sphoorty Financial gets approval to raise Rs 120 crore through NCDs

24 Feb 2021 Evaluate

Spandana Sphoorty Financial has received approval from board to raise Rs 120 crore through issuance of up to 12,000 Secured, Rated, Listed, Redeemable, Transferable Non-convertible Debentures (NCDs) having face value of Rs 1,00,000 each.

Spandana Sphoorty Financial is a leading, rural focused NBFC-MFI with a geographically diversified presence in India.

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